Joe Biden and Donald Trump had agreed to give Jewish-owned businesses in the U.S. billions in subsidies and other benefits because they are a “minority”
by Edward Ulrich, January 26, 2025
[Note: I found out about this issue in this Information Liberation article.]
A recent topic that is essentially not being reported about in the media, including even in the conservative media, is that Jewish-owned businesses in the U.S. have recently been designated as a “minority” status, making them eligible for billions of dollars in grants and contracts, in addition to receiving low interest loans for startup businesses.
Following is a description of the above video:
— Duvi Honig, the founder and CEO of the Orthodox Jewish Chamber of Commerce explains in a news interview that since the Jewish population is only 2% of the population, it is appropriate that Jewish-owned businesses now are receiving the same sort of funding as black and Hispanic businesses do, including with banks being required to give specific amounts of loans along with much lower interest rates for startup businesses.
— The agreement was signed on the 13th of January, seven days before Trump was sworn in, and it is now in effect. The plan is effective nationwide, applying to big businesses and small businesses, and it gives an advantage in receiving government grants and contracts.
— He also mentioned a beneficial U.S. Supreme Court law that was recently passed due to a Texas lawsuit related to the procedures of how minorities are identified.
— He was at a meeting at Trump’s Mar-a-Largo about the matter, and he says the Biden Administration and Trump’s administration have been supportive of it. He calls the agenda “a wrong that was fixed” at the bipartisan level.
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The agreement was signed on January 13, with the involvement of people from both Joe Biden’s and Donald Trump’s administrations.
The designation is despite the fact that Jewish Americans have the highest incomes of any ethno-religious group in the U.S., (link) as well as with the policy flying in face of Trump’s anti-DEI agendas.
I think it is unlikely that much will be done to rescind the policy because criticizing the matter will be too widely considered to be antisemitic, as demonstrated by the fact that this issue essentially isn’t even being reported about.
I wonder if many of such businesses will advertise as being “Jewish-owned,” such as how many black-owned businesses are featured on Amazon for example.
This information is from this article.
Following are key points from this article:
— Duvi Honig, founder and CEO of the Orthodox Jewish Chamber of Commerce, said the following:
We’re going to be able to benefit from billions of dollars of these programs, contracts, some loans, grants, the hundreds of different programs that every single Jewish business is going to benefit from. … This is something that impacts everyone—every single business in the Jewish world, in all 50 states. … We are officially a partner with the United States Department of Commerce and the government.
…
Monday’s result is fair, given the discrimination that Jews have faced, especially since Oct. 7, while much larger minority communities are able to take advantage of benefits. [The protests on U.S. campuses] could beat us up. They could humiliate us. They tell us to go back to the concentration camp. We have a yellow star until today that we can’t be eligible to get minority dollars, minority grants or taxpayers, and it just didn't make sense.
— The article says, “The Orthodox chamber and the Minority Business Development Agency, which is part of the Commerce Department, signed the agreement on Monday [Jan 13] in Washington during a ceremony attended by Don Graves, the outgoing deputy commerce secretary, and by Jewish business owners and leaders and politicians.”
— A New Jersey state senator Robert Singer [who is a Republican that represents the heavily-Jewish city of Lakewood] said that minority businesses have an automatic leg-up when they bid for state contracts:
This will also tie into federal dollars and therefore small business, Jewish-based business, will be able to tie into both federal and state dollars to help them grow, to help them bring more people on and be part of that entrepreneurship you wish to have, being an American.
— The federal government is creating a new application to become certified as a minority business enterprise, where the application will no longer ask applicants to list their specific minority background, but rather the verification will be done during the certification process. However it is unclear at this time how the government will verify if an applicant is Jewish.
— Duvi Honig gave credit to Don Graves, the deputy U.S. under secretary of commerce for minority business development Eric Morrissette, and to the director of customer experience at the Minority Business Development Agency Joann Hill. The event was likely the final one for Graves and Morrissette in the Biden administration.
— Trump’s incoming U.S. deputy secretary for commerce for minority business development Madiha Latif also participated in the event.
— Honig additionally said:
It was a friendship that the chamber established on a personal level that gave us this last event they hosted before the transition. At the same time, they brought with them the new deputy secretary, and we just sat now and we made a list of what we're going to start working on for the next four years with the new administration.